How To Overcome The Emotional Effects Of Debt Guilt : June 2018 Budget Update

DON’T LET THE EMBARRASSMENT OF DEBT KEEP YOU FROM REALIZING YOUR FINANCIAL DREAMS   There are consequences of owning debt and for 30 year-old Margaret who is feeling the emotional effects of debt guilt there are things she can do to get over this hurdle. Margaret isn’t the first person to email me about debt guilt and even myself at times felt guilty for owing money and had to pay it back as fast as possible. I remember the time my mom and dad gave me $5000 just before I moved to Canada. My house hadn’t sold yet and my money was tied up in my house equity and I needed to pay for Canadian Immigration documents, applications for permanent residence, medical assessments, flights to Canada, shipment containers and so on. The money my parents gave me was helpful and the first time I’ve ever borrowed cash from them in my life. They knew I’d pay them back as did I but boy oh boy did I feel stressed that I had to ask them for money. I’ve since overcome that guilt because I’ve learned that our bodies all react differently to certain situations. Since I was the kid who […]

grocery game monthly challenge

Why Having A Stockpile Budget Will Save You Money: The Grocery Game Challenge 2015 #1 Jan 5- 11

YOUR NUTRITION SURVIVAL SHELTER   Over the years we have seen our food stockpile dwindle but back between 2010-2012 stockpiling our cold room, pantry and freezer using coupons and flyer specials was a way of life, not so much these days. We’ve taken a different approach to stockpiling simply because we weren’t able to get through the food that we were buying in bulk using coupons. We are still trying to use up baked beans that are coming due this year. Having an emergency food stash that is ready to eat up just in case something happens to your finances is great but having shelf-stable products are key to building the best stockpile. When I say shelf-stable I mean products that don’t really have a shelf-life or have a very long shelf-life like dried beans, a quality stockpile item of ours. I know some of our friends who have a pantry it’s just filled to the top with junk and convenience foods and although it may fill your tummy you can still eat healthy and stockpile good food on a budget. Why have a stockpile budget then if we don’t plan to stockpile lots of food? A valid question, let […]

Budget help for families who want out of debt

Never Be Afraid To Ask For Financial Help I had a reader contact me the other day and asked me for my Canadian Budget Binder excel spreadsheet that you see me post snap shots of each month when I post our budget update because he said their finances are in chaos and they risk losing everything. It’s not easy asking for help when it comes to finances because for many people talking about their money is taboo so they suffer in silence and continue to pile debt on top of debt. Although it seems like lately I’ve seen a shift in those wanting to break-free from their debt and the emails to my inbox have been flowing through daily asking for help. Sinking your financial ship doesn’t have to happen nor do you have to feel shameful of why you are where you are financially because we all have our reasons and no one should ever judge. What I do encourage is for people to speak up whether they are already in a crisis or believe they are headed that way. Most people already know they are going to be in trouble financially but there are those few that will […]

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